Novavax and VaxInnate Win Flu Vaccine Contracts
Novavax and VaxInnate have received the US Department of Health and Human Service (HHS) contract to develop new types of vaccine and new ways to make flu vaccine.
Clinical-stage biopharmaceutical company Novavax and New Jersey-based VaxInnate have been awarded contract from the US Department of Health and Human Service for the advanced development of seasonal flu vaccines.
Novavax received a $97m contract to develop new vaccines using insect cells to create virus-like particles that stimulate a strong immune response in humans.
VaxInnate was awarded the second contract, worth $117.9m, to develop a recombinant influenza vaccine technology based on combining influenza and bacteria proteins.
The contracts, totally valued at $215m, will run over three years and may be extended for two more, boosting the p
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